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42 Coin Launches New Crypto Currency

Friday, March 7, 2014 5:54:00 AM PDT | VentureDeal

   No Dateline  --  Unnamed developers have announced the launch of a new crypto currency.

Called 42 Coin, the alternative to Bitcoin was created in January 2014 and according to the developers has a current value of approximately $80,000 per coin.

One of the claimed advantages of the new digital currency is that it is 12 X faster than Bitcoin, because it only takes 42 seconds to confirm payments and update all ledgers.

The group says that only 42 coins will ever be created.

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